Fort Scott Community College Foundation

Analysis

Fort Scott Community College Foundation is a registered charity in United States, based in Fort Scott, KS. It received its IRS tax-exemption ruling in March 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fort Scott Community College Foundation reported income of $873k and spending of $1.1m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $710k to $873k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Scott Community College Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within KS. Charities of a similar size with the same main cause include Pets for Vets Inc ($873k), Marathi Vishwa ($874k) and Shreveport Electrical Joint Apprenticeship & Training Trust Fu ($873k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $29k. At year end it held assets of $6.7m against liabilities of $235k, net assets of $6.4m.